Vice President Joe Biden went to Indiana today to hawk President Barack Obama's plan for spooling up electric vehicles, including instant $7,500 rebates on EVs. Nobody told him electricity is already a cheaper source of energy than oil.

Among the big points of the president's plan: $200 million for charging in cities — which as we found aren't exactly off to a fast start — along with $900 million for research and turning the $7,500 tax credit on EVs and plug-in hybrids like the Chevy Volt into an instant rebate at the dealer. Think of it as "cash for chargers."

After picking up a Hertz Chevy Volt, we found the Big Apple's electric-car infrastructure is…
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Despite wide variations in utility rates, those few folks who do plug in their cars find it costs less already — roughly equal to $2.50 per gallon. Now if only someone could tell him about the myriad other reasons EVs can't compete against gas-powered cars without massive subsidies. Photo: AP [DetNews]